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“Primed for disruption”: Cargo Crew founder talks acquisition, growth plans

Inside Retail

The brand has been in operation since 2002, with over 25 per cent of its online sales coming from overseas. Its new partnership with Glow Capital Partners is set to further accelerate its growth into new markets. We talk about our online store as a window to the world, and we now ship to over 80 countries,” Rodgers said. “I

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Retail appointments of the week

Inside Retail

At Redmart, in four years as VP of commercial and marketing, revenue grew from $14 million to $285 million per annum and the platform’s product offer increased 25-fold after the adoption of drop shipping. Both will report to Ubaldo Minelli, CEO of the OTB group.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

By Tricia McKinnon Wayfair is more than just a pretty website, the company has been able to penetrate the online home goods market in a way that few competitors including Amazon have been able to. In 2002 Wayfair’s founders Steve Conine and Niraj Shaw noticed a trend. It is estimated that Wayfair loses money on each sale it makes.

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Retail imports at near-record levels, NRF reports

Mass Relators

Dockworkers are unloading ships as fast as they can, but the challenge is to move the containers out of the ports to make room for the next ship,” said Jonathan Gold, vice president for supply chain and customs policy at NRF. “We The post Retail imports at near-record levels, NRF reports appeared first on MMR: Mass Market Retailers.

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Retail cargo imports see double-digit increases

Mass Relators

They’re also keeping an eye on congestion at some of the nation’s largest shipping ports stemming from pandemic-related equipment shortages and worker illnesses. from April and set a new record for the number of containers seen during a single month since NRF began tracking imports in 2002. That was up 8.6%

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Retail imports remain strong but growth slows

Mass Relators

But we’re seeing issues ranging from port closures in Asia to ships lined up waiting to dock at U.S. We are facing shortages in all sectors of the chain: a lack of sufficient shipping capacity, which leads to increases in the cost of shipment; lack of warehousing; lack of truck and rail capacity, and a shortage of labor across the board.”.

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Retail imports to show record growth in 2021

Mass Relators

There are still ships to be unloaded and containers to be delivered, but everyone in the supply chain has worked overtime this year to try to overcome these challenges. over 2020 and the highest number since NRF began tracking imports in 2002. The projected total would top last year’s previous record of 22 million, which was up 1.9%